Author Topic: Exeter gun dealers face felony tax evasion charges (Read 19873 times)

bkoenig · « **Reply #40 on:** January 28, 2014, 06:50:10 PM »

Quote from: on the fritz on January 28, 2014, 04:37:07 PM

Saw that too. LOL

Quote from: newfalguy101 on January 28, 2014, 05:50:17 PM

I admit to be completely baffled as to why, when pulling in upwards of a million bucks a year, WHY wouldn't you pay the sales tax you COLLECTED............guess I simply value my freedom ( from jail.... ) too much to do anything as foolish as that

I was thinking the same thing. I wonder if their personal finances were a shambles despite the high revenue (pure speculation). That often leads business owners/managers to make some really stupid, desperate decisions.

Gary · « **Reply #41 on:** January 28, 2014, 09:22:00 PM »

As serious as this is, maybe a bit of levity?

Randy · « **Reply #42 on:** January 28, 2014, 09:28:58 PM »

Whatever the problem is, it is reflecting a negative on all firearm enthusiasts.

bwarner · « **Reply #43 on:** January 28, 2014, 11:33:00 PM »

If you have ever done business with him , he's a walking, talking rectum. I never had a problem with Hope. Oh well if convicted he can kiss his FFL and Class 3 licenses goodbye. Making that kind of money. You can't fix stupid.

Lmbass14 · « **Reply #44 on:** January 29, 2014, 09:32:57 AM »

Wonder what's going to happen to all their inventory? Sell to the public, goes back to the distributor, held for exhibit for the trail? Any thoughts?

bkoenig · « **Reply #45 on:** January 29, 2014, 09:54:12 AM »

Quote from: Lmbass14 on January 29, 2014, 09:32:57 AM

Wonder what's going to happen to all their inventory? Sell to the public, goes back to the distributor, held for exhibit for the trail? Any thoughts?

It would really suck if all their Pre-86 transferrable NFA items got seized and ultimately destroyed. That stuff is irreplaceable.

newfalguy101 · « **Reply #46 on:** January 29, 2014, 05:54:39 PM »

Seems like they should auction it off to recoup some of the tax money as well as the cost of the investigation/prosecution...........doubt the guns will be auctioned off though

Assuming they are found guilty......

RedDot · « **Reply #47 on:** January 29, 2014, 07:11:27 PM »

Quote from: newfalguy101 on January 29, 2014, 05:54:39 PM

Seems like they should auction it off to recoup some of the tax money as well as the cost of the investigation/prosecution...........doubt the guns will be auctioned off though

Assuming they are found guilty......

Never happen

The Feds are involved... they never release guns to folks who aren't cartel thugs or terrorists...errr I mean Arab Spring freedom fighters

OnTheFly · « **Reply #48 on:** January 29, 2014, 10:51:03 PM »

I spoke with a guy last night that had already paid for a suppressor. Said it was sitting in Exeter Arms safe.

Fly

Gary · « **Reply #49 on:** January 29, 2014, 11:49:25 PM »

I was working at an Omaha telephone company that was raided in 1990. They had a telephone outbound department that was selling Irish sweepstakes tickets. I guess that is not legal to do in Nebraska. I was a department director in another department.

Every 3 letter agency in the nation, hit every door to our rather large complex, simultaneously. It was like WWIII, and this was for selling lottery tickets at a telephone company.

I bet the folks at Exeter Arms, and the whole city of Exeter will not soon forget a raid that involves an establishment selling automatic firearms, and withholding income taxes.

I would like to see a video of that event.

bullit · « **Reply #50 on:** January 30, 2014, 08:46:49 AM »

Unless I missed something, this appears (for now) entirely a STATE matter. The STATE is who initiated the arrest and subsequent prosecution. The 3 Letter FED agencies have all declined to comment, and I've read nothing in the complaint indicating them as a plaintiff. Please correct me if I am wrong ....and yes I know how the law works and if they are convicted of a crime (i.e. felony) and the guns are "regulated" by the BATFE, etc, etc.

CitizenClark · « **Reply #51 on:** January 30, 2014, 10:02:05 AM »

Quote from: bullit on January 30, 2014, 08:46:49 AM

Unless I missed something, this appears (for now) entirely a STATE matter. The STATE is who initiated the arrest and subsequent prosecution. The 3 Letter FED agencies have all declined to comment, and I've read nothing in the complaint indicating them as a plaintiff. Please correct me if I am wrong ....and yes I know how the law works and if they are convicted of a crime (i.e. felony) and the guns are "regulated" by the BATFE, etc, etc.

This is my understanding as well.

Chris C · « **Reply #52 on:** January 30, 2014, 06:07:58 PM »

Quote from: bullit on January 30, 2014, 08:46:49 AM

Unless I missed something, this appears (for now) entirely a STATE matter. The STATE is who initiated the arrest and subsequent prosecution.

Hopefully they don't screw it up. When the Fed's roll up usually there is no wiggle room. State....meh anything's possible.

mike_p · « **Reply #53 on:** February 01, 2014, 03:08:23 PM »

Has anyone gotten solid information from the BATFE on what will happen to those of us with items awaiting aproval on class 3 with Exeter Arms if Rob and Hope get convicted?

Husker_Fan · « **Reply #54 on:** February 01, 2014, 04:07:40 PM »

I'd be surprised if they cheated that much on their state taxes and were perfectly honest with the the federal taxes. I'm betting the IRS and ATF are looking through their books with a microscope.

Toster · « **Reply #55 on:** February 05, 2014, 11:27:35 AM »

Was out past there on Monday, and the shop was locked up tight. Guns still on the wall just like you would see when they were open for business.

Gary · « **Reply #56 on:** February 05, 2014, 04:10:18 PM »

Quote from: Toster on February 05, 2014, 11:27:35 AM

Was out past there on Monday, and the shop was locked up tight. Guns still on the wall just like you would see when they were open for business.

Did you happen to get gas, or do business at another place in town? I ask, because I wonder what the local buzz about the place is? Would be interesting to ask a local, what is up with Exeter Arms?

Chris C · « **Reply #57 on:** February 05, 2014, 07:38:28 PM »

According to the Seward paper their next court date is Feb 7th so I'd watch the Seward paper, York paper, or Lincoln Journal Star for info if no one has any first hand knowledge.

barmandr · « **Reply #58 on:** February 08, 2014, 03:43:06 PM »

Any updates on the trial?

66bigblock · « **Reply #59 on:** February 18, 2014, 04:22:41 PM »

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